Fx One is an offshore broker that provides trading facilities in multiple financial assets to the traders with lucrative earning potentials.
Is Fx One Regulated?
Launched in the year 2017, Fx One is based in London, United Kingdom, and as mentioned on its website it provides smooth trading facilities in foreign currency exchange, cryptocurrencies, and stocks with leverage of 1:100 as a true ECN broker. It offers free market research and easy KYC facilities for a smooth registration and fund deposits. It was discovered that Fx One is not a regulated entity.
Is It Safe To Invest With Fx one?
Fx One runs an anonymous website. Its exact trade strategies have not been mentioned. Moreover, it asks for a minimum deposit of USD 10,000 to carry out trade activities, which is a very high amount. It is also not registered with the local Financial Conduct Authority (FCA) of the UK to be authorized to carry out trade activities. Investors have also reported that they have been cheated by Fx One, which makes it a risky proposition to invest with the firm.
How To Recover Your Lost Money from Fx One?
You can contact the fund's recovery companies listed with us to recover back your money from Fx one. Moreover, we can also provide you guidance on how to prevent yourself from falling into the trap of such malicious trade propositions.